Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $14,500 cash and $62,350 of photography equipment in the company. 2 The company paid $2,900 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,755 cash. 20 The company received $3,850 cash in photography fees earned. 31 The company paid $876 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 3 4 5 > Madison Harris, the owner, invested $14,500 cash and $62,350 of photography equipment in the company. Note: Enter debits before credits. General Journal Debit Credit Date Aug 01 Record entry Clear entry View general journal